Last month, Cóndor Inversiones SpA, a Chile-based renewable energy company set up by Irish-founded Mainstream Renewable Power, along with two affiliates, filed for Chapter 11 protection in the Bankruptcy Court in the Southern District of Texas. The move, as detailed by The Currency, marked another escalation in a major dispute between Mainstream and Ares Management, a $295 billion alternative investment manager. Now, however, the action has been settled. In a statement, Mainstream, said: “We are pleased to have reached an agreement in principle with the mezzanine lender that will resolve all matters related to the Chapter 11 filing in Texas.…
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